Frequently Asked Questions

Here is a collection of frequently asked questions that I have put together to help you in buying or selling a home. If you have any other questions, not listed here, feel free to call or send an e-mail.

By clicking on any of the questions below, you may view the answer.

Buyers

  • What is a Multiple Listing Service (MLS)?
  • What is a debt-to-income ratio?
  • What is title insurance?
  • What is the difference between being prequalified and preapproved for a loan?
  • What is a REALTOR®?
  • What is homeowners association (HOA)?
  • Why should I use a real estate agent?
  • Is an older home as good a value as a new home?
  • What is an escrow officer?
  • Can a home depreciate in value?
  • What are closing costs?
  • What does FSBO mean?
  • What is a broker?
  • What is a contingency?
  • What is a "One-Time Show" listing?
  • What's the Difference between a "Listing Agent" and "Selling Agent"?

    • Sellers

  • What are comparables or comps?
  • What is a counteroffer?
  • What does an appraisal mean?
  • Why should I use a real estate agent?
  • Is there a "best time" to put my house on the market?
  • How should I price my home?
  • What are disadvantages of pricing my home on the high end?
  • Do I have to sell to the person with the highest offer?
  • Can I back out of my contract with one buyer and accept a new, higher offer from a second buyer?
  • Who is responsible for making repairs, if any, as a result of home inspection reports conducted for the buyer?
  • What is an "Exclusive Agency Listing"?
  • What is an "Exclusive Right to Sell" listing?
    •  

    Walt Welch, Managing Broker
    First Premier Realty Group
    Ph: 404-348-2500 Ext. 702
    2897 N. Druid Hills Rd. Suite 227
    Altanta, GA 30329
    www.FirstPremierRealtyGroup.com
     

    Home |  Sell Your House |  Customized Home Search |  How to Sell in a Down Market |  Search for Condos |  Federal Tax Credit |  Should you Stage your Home? |  Testimonials |  Atlanta Neighborhoods |  Moving Center |  Custom Luxury Homes |  Buyer Reports |  Property Search |  Investment Properties |  Condos |  Lowe's 10% Off Coupon |  Our Company |  Calculators |  Featured Listings |  Our Agents and Partners |  Relocation |  Local Area Info, Schools & Useful Links |  Career Opportunities |  Agent Login |  Contact Us |  Explore Neighborhoods |  Local Weather |  Informative Articles  |  Frequently Asked Questions |  Mortgage Lenders, Contractors & Misc Services |  Mortgage Glossary |  Real Estate Glossary |  What is a Realtor® |  Seller Tips | 

    EcoBroker® Certified, Member of The Atlanta Board of Realtors®, Georgia Association of Realtors®, National Association of Realtors®, and The Atlanta Commerical Board of Realtors®